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China will follow a similar path as the USSR. Dynamic efficiency is not very good in state managed economies. Also, read the CIA world fact book pages for Chi
by lifeguard 13y ago
China will follow a similar path as the USSR. Dynamic efficiency is not very good in state managed economies.
Also, read the CIA world fact book pages for China/India.
- Volpe 13y agowith 8.3T GDP... are you serious? Could you describe the scenario where China has an economic collapse? If such a scenario were to happen... it'd would be pretty catastrophic the world over. GIven how tied the US and China's economies are tied, I don't think the US would allow a USSR style collapse... :\